Prices
![Prices](/cache/03-22/price-0137.a6fbe657.jpg)
2022, March, 23, 12:15:00
OIL PRICE: BRENT ABOVE $116, WTI ABOVE $110
Brent were up 95 cents, or 0.82%, to $116.43 a barrel, WTI rose 73 cents, or 0.67%, to $110 a barrel.
![Prices](/cache/03-22/price-0135.5da634ed.jpg)
2022, March, 23, 12:05:00
RUSSIAN URALS DISCOUNT $31
Russian Urals cargoes basis CIF Rotterdam were assessed at a new record low of Dated Brent minus $30.99/b and for CIF Augusta at Dated Brent minus $30.69/b March 23.
![Prices](/cache/03-22/price-0165.6146e841.jpg)
2022, March, 22, 12:55:00
OIL PRICE: BRENT ABOVE $113, WTI ABOVE $109
Brent fell $1.92, or 1.7%, to $113.70 a barrel, WTI slipped $2.82, or 2.5%, to $109.3.
![Prices](/cache/03-22/price-0154.6ea031cd.jpg)
2022, March, 22, 12:45:00
RUSSIA BYPASSES SANCTIONS
"If oil is sold at a discount, then [consumers] will be happy to buy it. We will earn less, but we will be able to place oil," Novak said.
![Prices](/cache/03-22/price-0151.e0039a3b.jpg)
2022, March, 22, 12:40:00
RUSSIAN OIL FOR EUROPE
Germany and Hungary are putting the brakes on a potential EU embargo on Russian oil,
![Prices](/cache/03-22/price-0152.64f5e0a8.jpg)
2022, March, 22, 12:35:00
EUROPEAN GAS DOWN
Russia accounts for about 40% of the European Union’s gas demand, and about a third of those shipments transit Ukraine.
![Prices](/cache/03-22/price-0125.357ff2fd.jpg)
2022, March, 21, 12:25:00
OIL PRICE: BRENT ABOVE $111, WTI ABOVE $108
Brent climbed $3.74, or 3.5%, to $111.67 a barrel, WTI rose $3.98, or 3.8%, to $108.68.
![Prices](/cache/03-22/price-0134.586af05e.jpg)
2022, March, 21, 12:20:00
OPEC OIL PRICE: $104.96
The price of OPEC basket of thirteen crudes stood at $104.96 a barrel on Thursday, compared with $104.06 the previous day, according to OPEC Secretariat calculations
![Prices](/cache/03-22/rig-039.a588a40b.jpg)
2022, March, 21, 11:45:00
U.S. RIGS UP 0 TO 663
U.S. Rig Count is unchanged from last week at 663, Canada Rig Count is down 30 from last week to 176.
![Prices](/cache/03-22/price-23.66ba16fe.jpg)
2022, March, 18, 11:50:00
OIL PRICE: NEAR $108
Brent rose 82 cents, or 0.8%, to $107.46 a barrel, WTI climbed $1.14, or 1.1%, to $104.12 a barrel.
![Prices](/cache/03-22/india-034.746da953.jpg)
2022, March, 18, 11:30:00
INDIA'S OIL IMPORTS UP
Oil imports by Asia's third-largest economy rose 5% from January and were up 24% from a low base in February 2021, when a refinery at Bathinda in northern India was fully shut for maintenance, data showed.
![Prices](/cache/03-22/korea-38.63a0d13e.jpg)
2022, March, 18, 11:25:00
S.KOREA'S OIL IMPORTS UP
The world's fourth-biggest crude importer received 10.565 million mt, or 77.44 million barrels, of crude oil in February, compared with 74.97 million barrels imported a year earlier, marking a fifth consecutive month of year-on-year increase,
![Prices](/cache/03-22/usa-086.97665a26.jpg)
2022, March, 18, 11:05:00
U.S. OIL INVENTORIES UP BY 4.3 MB TO 415.9 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels from the previous week to 415.9 million barrels.
![Prices](/cache/03-22/price-19.4d84b7e4.jpg)
2022, March, 17, 16:55:00
OIL PRICE: NEAR $105
Brent gained $6.41, or 6.5%, to $104.43 a barrel, WTI was up $5.95, or 6.3%, to $100.99 a barrel.
![Prices](/cache/03-22/price-17.ac3a2a37.jpg)
2022, March, 17, 16:50:00
OIL PRICES: $100 AND HIGHER
The price for WTI, the U.S. benchmark, will average $113/b in March and $112/b for the second quarter of 2022.